Archived News

  • The results of the 2017 Trustee Election are as follows. The results are subject to certification at the April 13 Board meeting. New trustee terms begin June 1.

    Police Pensioner, Place 1:
    Thomas D. Bowers, Jr. – 88 votes; 14%
    Kenneth Sprecher – 373 votes; 57%
    Joseph Thompson – 188 votes; 29%

    Fire Pensioner, Place 1:
    Jerry T. Minter – 184 votes; 38%
    Larry D. Williams – 303 votes; 62%

  • For 2017, the amount of federal tax being withheld from your monthly benefit payments (if any) may change because the withholding tables have changed. If your payments are less than $1,720 a month, we will not withhold income tax from those payments unless you specifically request withholding, or have already done so. Until you file a new election with us, your prior choice as to whether to have withholding, and on what basis will remain in effect. You may change your election using a Form W-4P and sending to the DPFP office. There is no need to complete the form unless you wish to change the election you have already made. If you make a change, it will be put into effect for the next month end payment, provided we receive the form by the 15th of the month.
  • For retirees who have Medicare deducted from their pension benefit payment, there was a miscommunication between the City and DPFP regarding City payroll changes in February which caused excess Medicare deductions to be processed on 2/28/17. In order to refund impacted Members, the 3/31/17 benefit payment will not include a Medicare deduction. If you have any questions, please contact the City Benefits Services Center at 214-671-6947, option #1.
  • The Required Minimum Distributions for 2017 were paid on January 27. Federal income taxes have been withheld at a rate of 10% in accordance with IRS regulations. Please watch for your direct deposit advice and letter related to this distribution in the mail if you are subject to an RMD.
  • For retirees who have Medicare deducted from their pension benefit payment, there was a miscommunication between the City and DPFP regarding City payroll changes in February which caused excess Medicare deductions to be processed on 2/28/17. In order to refund impacted Members, the 3/31/17 benefit payment will not include a Medicare deduction. If you have any questions, please contact the City Benefits Services Center at 214-671-6947, option #1.
  • Due to a sorting error in the mail merge process, letters describing the HB 3158 plan changes for one group of retirees matched the incorrect first name with the member's last name and address. We apologize for the error, new letters were mailed to this group of retirees.
  •  On May 25, the House of Representatives concurred on HB 3158 as amended by the Senate with a unanimous vote of 142 to 0. The bill will now be sent to the Governor for his signature. The Governor has 20 days after final adjournment of the legislature on May 29 to either sign the bill into law or veto the bill. If the Governor takes no action within 20 days after final adjournment of the legislature, the bill will become law.
  •  On May 23, CSHB 3158 was passed through the 2nd and 3rd readings in the Senate. The bill will now return to the House for concurrence and will then be subject to the Governor’s approval. For current status of the bill, see HERE. A Special Meeting of the Board will be held on Monday, 5/22 at 8:30am to brief the Board on the amendments to CSHB 3158 as passed by the Senate State Affairs Committee. A Special Meeting had previously been scheduled for Sunday, 5/21, however that meeting has been canceled.
  •  On 5/18, the committee substitute for HB 3158 was unanimously passed in the first reading in the Senate State Affairs Committee. See HERE for a statement from Chairman Sam Friar. It is expected to proceed to the 2nd reading in the Senate early next week.
  • Four amendments were made to HB 3158 as it went through the Texas House of Representatives for approval, one amendment was made on 2nd reading by Representative Jason Villalba and it can be found HERE, three amendments were made on 3rd reading by Representative Yvonne Davis and they can be found HERE.
    On 5/4, HB 3158 unanimously passed the third reading in the House of Representatives, with minor amendments. The bill now move on to the Senate. See HERE for a statement from Chairman Friar.
  •  The 3rd reading of HB 3158 is scheduled for today’s House meeting (5/4). A live broadcast of the 85h Legislative Session can be seen HERE. It is not scheduled for a specific time, however it will not be earlier than 12pm. We will provide more information as it is available.
  •  On 5/3, HB 3158 unanimously passed the second reading in the House of Representatives. The third reading will occur on 5/4 and potential amendments may be debated. Any amendments require a 2/3 vote to be incorporated. See HERE for a statement from Chairman Friar.
  • On 4/12, Mayor Rawlings sent another LETTER to the legislature with modifications to his 4/7 requests. DPFP is in ongoing discussions with Chairman Flynn’s staff and the Pension Review Board on proposals that impact HB 3158. We will continue to keep our members posted as the bill progresses through the process.
    On Wednesday, 5/3, HB 3158 is on the General State Calendar to be considered by the full House. The live broadcast of the meeting may be viewed HERE. HB 3158 is the 58th bill on the agenda, so it could possibly be late in the day when it is discussed.
  • On 4/20, the Mayor issued a letter to taxpayers criticizing HB 3158. In response, Chairman Sam Friar released this STATEMENT.
  • On 4/7, Mayor Rawlings sent this LETTER to Chairman Flynn and the House Dallas Delegation with requested changes to HB 3158. On 4/11, DPFP responded with this LETTER stating our position on the City’s requests and disagreement with many of their actuarial assumptions.
  • At the 4/12 House Pensions Committee meeting, HB 3158 was voted out of Committee with a vote of 6-0. It is expected to head to the House floor for consideration by the full House. We will provide updates when a floor debate has been scheduled. See HERE for the Committee substitute of HB 3158.
  • Related to the House Pensions Committee hearing on 4/3 and the City’s position on HB 3158, the Chairman has released the a statement which can be seen HERE. #BackThePension
  • On 3/14, DPFP’s Executive Director released the following statement regarding the pending legislation impacting the DPFP Plan – see HERE.
  • In the 3/9/17 Board meeting, the Board adopted a Resolution certifying a reserve amount resulting in no excess liquidity available for pro-rata DROP distributions for the month of March. See HERE for the presentation which was made to the Board by staff. The $3K Minimum Annual Distributions will be paid as installments with the 3/31 benefit payments.
  • On 3/2, DPFP received notice of a lawsuit filed by a retired member against the eight service Trustees of the Board, intervening in the Rawlings suit. The filing can be found HERE and will be discussed in our 3/9 Board meeting.
  • Mailing of Form 1099s and Annual Statements
    Form 1099s will be mailed to retirees and beneficiaries by January 27, 2017.
    Annual Benefit Statements and DROP Statements will be mailed to all active members and retirees with a DROP account on January 23, 2017.
  • Any members on eCorrespondence will receive these communications electronically.
  • On 2/8, DPFP received notice of a lawsuit filed by the four City Council members who serve as DPFP Trustees, against the eight service Trustees of the Board. A statement from DPFP can be found HERE. The filing can be found HERE and will be discussed in our 2/9 Board meeting.
  • The Board has scheduled a Special Meeting for Monday, February 27th at 6:30pm. The only item on the agenda is the Rawlings lawsuit and the discussion is expected to be held virtually all in closed session. There will be no opportunity for member comments at this meeting. There will be opportunity for member comments at the next regularly scheduled Board meeting on March 9th.
  • At its Board meeting on January 12, 2017, the DPFP Board of Trustees called for the 2017 Trustee Election to be held March 24 - April 7. The election notice can be found HERE.
  • On 2/20, the Board held a Special Meeting to review two Plan Amendment proposals. The Board voted unanimously to support Chairman Flynn’s plan versus the Mayor’s plan. See a summary of the two proposals HERE.
  • The Board will hold a Special Meeting on Monday, 2/20 at 8:30am. The agenda can be seen HERE.
  • The Board will hold a Special Meeting on Tuesday, 2/14 at 1:30pm. The agenda can be seen HERE.
  • The temporary injunction hearing scheduled for Tuesday, January 17th in the Rawlings lawsuit has been canceled. Mayor Rawlings requested the hearing date be withdrawn. DPFP statement on this can be found HERE.